The Icelandic Competition Authority has approved an exemption for the cooperation between Eimskip and Royal Arctic Line A/S, the national carrier of Greenland. The cooperation is subject to certain conditions made by the Icelandic Competition Authority.
As part of the cooperation, three 2,150 TEU container vessels are being built in China with expected delivery late 2019. Two vessels are being built for Eimskip and one for Royal Arctic Line. The vessels will be used in weekly services between...